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Crocotta Energy announces strategic pipeline and marketing agreement


Published May 1, 2013
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Crocotta Energy to start drilling program

Crocotta has entered into rich gas premium agreements with Aux Sable Canada LP (Aux Sable) and an interconnection agreement with Alliance Pipeline Limited Partnership (Alliance Pipeline) providing access to premium markets in the United States.

Under the agreements Crocotta will deliver approximately 6,000 boepd of liquids-rich gas into the Alliance Pipeline. The liquids-rich gas will be processed and fractionated at Aux Sable Liquid Product's Channahon facility in Illinois.

The Agreements are effective immediately and Crocotta estimates it will be fully operational by June 1, 2013. Crocotta will continue to truck and deliver its oil and condensate from Edson into the Alberta market.

Tags: Crocotta Energy Inc.



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